Gold Trading Strategy | Friday's late session

129
🔹 Safe-Haven Demand Boosts Gold – Short-Term Bulls in Control
Geopolitical tensions and global trade uncertainty have heightened market risk aversion, pushing gold prices higher in the early session. We pre-positioned long entries around the 3330 level before the European session, and those trades are now in profit.

🔹 Bullish Structure Confirmed – Technical Support Holds Firm
From a technical perspective, gold has broken out and successfully retested the 3330 support level, forming a “breakout–retest–confirmation” pattern, suggesting potential for further upside.
On the 1-hour chart, short-term moving averages (e.g., MA10/20) have formed a bullish crossover, and the price action shows rising momentum, indicating solid bullish strength.

🔹 Risk Alert – Avoid Chasing Highs, Watch for Pullbacks
Despite the strong trend, the current pullback has been shallow. We do not recommend chasing long positions at elevated levels. There is still a risk of a deeper pullback during the U.S. session, which traders should be cautious about.

✅ Key Technical Levels:
🔴 Resistance: 3365 / 3370 / 3380
🟢 Support: 3345 (Short-term bull/bear pivot), 3330 (Key structural support)

📌 Trading Strategy Recommendations:
🔰 Wait for a pullback to the 3340–3345 zone to enter long positions
🔰 Target: 3360–3370, with potential to extend to 3380 if 3370 is broken

✅ Gold remains in a short-term bullish structure, supported by solid technical signals. The market appears to be in a consolidation phase after a breakout. If prices pull back to around 3340 without breaking below, light long positions can be considered.
Conservative traders should prioritize buying on dips, control position size, and avoid chasing highs to reduce drawdown risks.
=============================================================

✅Gold has been experiencing intense high-level consolidation recently, with frequent shifts between bullish and bearish trends and intraday fluctuations often reaching 30-50$
Many traders get the direction right but can’t hold their positions, or get it wrong and don’t know where to stop out—leading to missed opportunities and repeated losses.
There are plenty of opportunities in the market, but few truly profitable traders. Why? — Because they lack professional guidance and a consistent Trading Plan!

✅ If you’ve faced any of these problems:
👉 Hesitating to enter or exit trades, missing the best timing
👉 Relying on gut feeling with no clear trading logic
👉 Blindly following signals with no one to guide you
🤝 Then it’s time to join our Gold VIP Membership!

✅ By joining VIP, you will get:
🔰 One-on-one guidance — A personalized trading plan based on your capital
🔰 Real-time signal alerts — Precise entry, take-profit, and stop-loss levels updated daily
🔰 Strict risk management — Protect your capital and ensure steady growth
🔰 Professional training support — Improve your independent trading skills

💵 We charge no upfront fees — only a service commission after you make profits. When our interests align, the partnership lasts!
Right now, gold is at a critical turning point — it’s risky, but it’s also full of opportunity.

🎯 Join VIP, avoid unnecessary losses, catch the trend, and multiply your profits. Let us help you build a path toward consistent and stable returns!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.